Chevron has applied to boost planned production at its $43 billion Gorgon liquefied natural gas project in Western Australia by 5 million tonnes a year, arguing that the move will reduce the world’s ...

G-20-AP is adjacent to Barrow Island, which hosts the Chevron-operated Gorgon liquefied natural gas project, and covers 2222 square kilometres in water depths of between 25 and 125 metres.

Also Read: Chevron’s Gorgon LNG Plant Restarts Full Operations Last month, Hess Corp (NYSE:HES) stated that the majority of its 308 million shares outstanding voted in favor of the deal ...

The development comes as Chevron ramps up efforts to consolidate its focus on key Australian assets, including the Gorgon LNG venture. The deal also comes a few days after Woodside Energy received ...

Chevron is looking to focus on its operated assets in Australia, which include the Gorgon LNG project. The asset swap deal is subject to several conditions, including regulatory approvals and ...

The Wheatstone and Gorgon sites produce more than 5% of the world's LNG and about 500 workers are currently employed at the two plants in Western Australia. The industrial action will see workers ...

Chevron Australia managing director Mark Hatfield said the swap would allow the US company to consolidate its focus on key assets in WA, where it also operates the larger Gorgon LNG venture.

The deal signifies the end to Chevron's four-decade-old participation in the North West Shelf venture, which is till date Australia's largest LNG exporter. The development comes as Chevron ramps up ...